Dropped 100$ in doge

xtsho

Well-Known Member
I've been thinking about setting up a mining rig lately, but kind of feel like I missed the boat and it's too late for a small guy to make any profits on a single rig in 2021. On the other hand this stuff is still relatively young, and some gold nuggets mined and better than none at all. What do you think @xtsho , is it worth it to get into mining now? Do you still run your rig?

No I don't run any rigs anymore. You need some serious hashpower these days. But you never know. It might just be worth the electricity to start them up. That's if things continue to go up.

I was running 4 rigs like this at one time.




And Bam! Did you just see how fast ETH dropped? The bubble has started to pop.
 

PJ Diaz

Well-Known Member
No I don't run any rigs anymore. You need some serious hashpower these days. But you never know. It might just be worth the electricity to start them up. That's if things continue to go up.

I was running 4 rigs like this at one time.




And Bam! Did you just see how fast ETH dropped? The bubble has started to pop.
Nice rig. I was reading that you could put together a rig today for as low as $1500 and up to $4500, and apparently you can mine around $1400 a month of ETH with the $4500 version. You might need to upgrade your rig tho.

Yeah ETH just fell a bit, but looks like all crypto is falling right now, and ETH is holding steadier than many others. ETH is still up 1% for the 24hr period as of now.
 

xtsho

Well-Known Member
Nice rig. I was reading that you could put together a rig today for as low as $1500 and up to $4500, and apparently you can mine around $1400 a month of ETH with the $4500 version. You might need to upgrade your rig tho.

Yeah ETH just fell a bit, but looks like all crypto is falling right now, and ETH is holding steadier than many others. ETH is still up 1% for the 24hr period as of now.
Yeah that rig isn't going to mine anything. But at the time I had some decent hash. I was running a bunch like that. 4 at one time but that was a few years back. It's pretty much a waste of time setting that old stuff up. I should probably just throw it away. It's just taking up space.
 

mudballs

Well-Known Member
Nice flash sale on ETH. Probably last chance to get it under $4000.
Etherium i like...i watched it during development, as much as someone who was slightly interested in the stuff can...i even owned an old Antminer S7, but unplugged it long long ago. Etherium seems really good for a long life
 

waterproof808

Well-Known Member
Etherium i like...i watched it during development, as much as someone who was slightly interested in the stuff can...i even owned an old Antminer S7, but unplugged it long long ago. Etherium seems really good for a long life
gonna be 5 digits soon enough. Already back above $4k after dipping to $3700 this morning.
 

bernie344

Well-Known Member
I've been thinking about setting up a mining rig lately, but kind of feel like I missed the boat and it's too late for a small guy to make any profits on a single rig in 2021. On the other hand this stuff is still relatively young, and some gold nuggets mined and better than none at all. What do you think @xtsho , is it worth it to get into mining now? Do you still run your rig?
Too late?
Brother, its just the beginning.
 

bernie344

Well-Known Member
No I don't run any rigs anymore. You need some serious hashpower these days. But you never know. It might just be worth the electricity to start them up. That's if things continue to go up.

I was running 4 rigs like this at one time.




And Bam! Did you just see how fast ETH dropped? The bubble has started to pop.
Mining profits are going mental now, whatever hash rate you got.
 

xtsho

Well-Known Member
Mining profits are going mental now, whatever hash rate you got.
My old GPUs are no match for ASICS, FPGA's, private mining programs getting twice the hash as public ones, and big mining farms. But I might throw a rig together just for the hell of it and stick it in the spare bedroom. More just for kicks than anything else.
 

PURPLEB3RRYKUSH

Well-Known Member
Shiba inu meme coin too the moon. Ethereum should hopefully hit 35k, 40k by the end of this bull run. ADA looks promising aswell
 

ptrzm

Well-Known Member
Mining profits are going mental now, whatever hash rate you got.
Picked up a 3080 day 1, it's paid for itself more than twice over at this point.

Make hay while the sun shines, ETH mining may (or may not tbf) become a waste of time once London is introduced in the summer.
 

PJ Diaz

Well-Known Member
Another sale day...thanks Elon.
On the one hand Elon's right. On the other hand, what dude?.. Elon just now figured out that crypto mining has a toll on the environment? Did he also sell all his holdings? Seems highly doubtful. Also scary that one dude can drop the entire market 20% in a single sentence.
 

PURPLEB3RRYKUSH

Well-Known Member
On the one hand Elon's right. On the other hand, what dude?.. Elon just now figured out that crypto mining has a toll on the environment? Did he also sell all his holdings? Seems highly doubtful. Also scary that one dude can drop the entire market 20% in a single sentence.
He sold all his btc the shithead. Hes manipulating the market by creating dips to buy other coins.
 

waterproof808

Well-Known Member
On the one hand Elon's right. On the other hand, what dude?.. Elon just now figured out that crypto mining has a toll on the environment? Did he also sell all his holdings? Seems highly doubtful. Also scary that one dude can drop the entire market 20% in a single sentence.
That environmental myth has been busted over and over. Something like over 75% of Miners use renewable energy sources. He better start watching what he types before he gets the SEC on his ass like John Mcafee.
 
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